1519 N Ross, Santa Ana, California 92706, Santa Ana, 92706 - bed, bath
ACTIVE$1,798,000$3,342/sqft
1519 N Ross, Santa Ana, California 92706
0Bed
0Bath
3,342Sqft
8,712Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Income Potential: This property offers exceptional income potential with five units, including a newly constructed ADU (2023), maximizing rental revenue and overall property value.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8881.
Compared to the nearby listings
Price:$1.80M vs avg $1.32M (+$474,000)50%
Size:3,342 sqft vs avg 2,456.5 sqft50%
Price/sqft:$538 vs avg $54050%
More Insights
Built in 1945 (81 years old).
Condition: Despite the original build year of 1945, the property has undergone extensive and recent renovations, including a new ADU built in 2023 and all existing units being 'fully updated throughout' with new flooring, remodeled kitchens and bathrooms, updated plumbing and electrical systems, a new roof, and new double-paned windows. The images confirm modern, clean finishes in kitchens (new countertops, stainless steel appliances) and bathrooms (new fixtures, tile flooring), aligning with current quality standards and indicating virtually new components with no deferred maintenance.
Year Built
1945
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$538
HOA
-
Days on market
-
Sold On
-
MLS number
PW25281939
Home ConditionExcellent
Features
View-
About this home
Exceptional 5-unit multifamily opportunity in Santa Ana 92706! This property features a 4-plex plus a new ADU built in 2023, offering a total of five units, all fully updated throughout. Renovations include new flooring, remodeled kitchens and bathrooms, along with updated plumbing and electrical systems. A new roof and new double-paned windows add long-term durability and paid/owned solar installed on ADU for energy efficiency. Each unit is equipped with its own private laundry, a highly desirable feature for tenants and investors alike. Located in a well-established neighborhood close to shopping, dining, schools, and major commuter routes, this property offers strong rental appeal and long-term investment potential. Do not disturb occupants. Drive-by only. Buyer to verify all information including permits, unit count, square footage, and property details to their satisfaction.
E
Eric Perez
Listing Agent
Nearby schools
2/10
Wallace R. Davis Elementary School
Public,•K-5•0.5mi
5/10
Wilson Elementary School
Public,•K-5•0.6mi
5/10
Hoover Elementary School
Public,•K-5•0.7mi
3/10
Heroes Elementary School
Public,•K-5•0.7mi
5/10
Garfield Elementary School
Public,•K-5•0.9mi
2/10
Willard Intermediate School
Public,•5-8•0.1mi
4/10
Santiago Elementary School
Public,•K-8•0.8mi
3/10
Raymond A. Villa Fundamental Intermediate School
Public,•6-8•1.7mi
3/10
Santa Ana High School
Public,•9-12•1.0mi
3/10
Century High School
Public,•9-12•2.3mi
Condition Rating
Excellent
Despite the original build year of 1945, the property has undergone extensive and recent renovations, including a new ADU built in 2023 and all existing units being 'fully updated throughout' with new flooring, remodeled kitchens and bathrooms, updated plumbing and electrical systems, a new roof, and new double-paned windows. The images confirm modern, clean finishes in kitchens (new countertops, stainless steel appliances) and bathrooms (new fixtures, tile flooring), aligning with current quality standards and indicating virtually new components with no deferred maintenance.
Pros & Cons
Pros
High Income Potential: This property offers exceptional income potential with five units, including a newly constructed ADU (2023), maximizing rental revenue and overall property value.
Comprehensive Modern Renovations: All units have been fully updated with new flooring, remodeled kitchens and bathrooms, and updated plumbing and electrical systems, significantly reducing immediate capital expenditures for a new owner.
Enhanced Durability & Reduced Maintenance: Key structural upgrades such as a new roof and new double-paned windows contribute to long-term durability, energy efficiency, and lower maintenance costs.
Desirable Tenant Amenities: Each unit is equipped with its own private laundry facilities, a highly sought-after amenity that enhances tenant satisfaction and retention.
Strategic Location: Situated in a well-established Santa Ana neighborhood with convenient access to shopping, dining, schools, and major commuter routes, ensuring strong rental demand and long-term appreciation.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8881.
Restricted Property Access: The 'Do not disturb occupants. Drive-by only' instruction limits comprehensive interior inspections, potentially hindering buyer confidence and due diligence.
Extensive Buyer Verification Required: Buyers are explicitly tasked with verifying all critical information, including permits, unit count, and square footage, which adds a layer of complexity and potential cost to the acquisition process.
Lack of Scenic Views: The property does not offer any notable views, which could be a minor detractor for tenant appeal or future resale value compared to properties with desirable outlooks.